Commercial Loan Processor

Financial Staffing LLC; Dallas (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Financial Staffing LLC is seeking an experienced Loan Processor in the Dallas area to manage end-to-end loan documentation for commercial, consumer, and real estate loans. You will use Laser Pro and Decision Pro, order title work and appraisals, and ensure accuracy before closing.

The role requires strong analytical skills, attention to detail, and the ability to stay current with banking regulations. Travel between branches may be required, with a 40-hour workweek on-site.

Qualifications

• Bachelor's degree in finance, accounting or other business-related fields preferred.
• Loan processing knowledge and understanding.

Responsibilities

• Processes and prepares loan documents for commercial, consumer, and real estate loans using Laser Pro and Decision Pro.
• Orders real estate title work, real estate flood certificates, and credit reports.
• Orders Appraisal and Appraisal Reviews as necessary.
• Reviews attorney prepared loan documents for accuracy prior to loans closing and funding.
• Reviews transactions for loan policy exceptions and ensures adherence to regulatory requirements prior to producing documents.
• Coordinates with title companies for real estate closings.
• Initiates all funding entries for loan disbursements.
• Performs review of UCC/EFS searches and completes all necessary UCC/EFS filings.
• Completes filing of mortgages and deed of trusts.
• Completes filing of bank lien for titled collateral.
• Uploads and scans closed loans to core and fund.
• Recognizes red flags, scams, fraud, phishing, etc.
• Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
• Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs.
• Travels between branches as needed.
• Performs other responsibilities as assigned by management.

Skills

Analytical skills

Problem solving

Written communication

Verbal communication

Teamwork

Organization

Attention to detail

Adaptability

Time management

Education

Bachelor's degree in finance, accounting or other business-related fields

Tools

Laser Pro

Decision Pro

Job description

A Loan Processor processes commercial and consumer loans ensuring compliance with the Bank’s loan policy and all regulatory requirements.

PRIMARY RESPONSIBILITIES

• Processes and prepares loan documents for commercial, consumer, and real estate loans using Laser Pro and Decision Pro.
• Orders real estate title work, real estate flood certificates, and credit reports.
• Orders Appraisal and Appraisal Reviews as necessary.
• Reviews attorney prepared loan documents for accuracy prior to loans closing and funding.
• Reviews transactions for loan policy exceptions and ensures adherence to regulatory requirements prior to producing documents.
• Coordinates with title companies for real estate closings.
• Initiates all funding entries for loan disbursements.
• Performs review of UCC/EFS searches and completes all necessary UCC/EFS filings.
• Completes filing of mortgages and deed of trusts.
• Completes filing of bank lien for titled collateral.
• Uploads and scans closed loans to core and fund.
• Recognizes red flags, scams, fraud, phishing, etc.
• Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
• Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs.
• Travels between branches as needed.
• Performs other responsibilities as assigned by management.

QUALIFICATIONS

• Education: Bachelor’s degree in finance, accounting or other business-related fields (preferred).
• Experience: 3-5 years of loan processing experience.
• Thorough knowledge and understanding of loan processing.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.
• High level of professionalism and integrity.
• Flexible, adaptable, and willingness to continuously learn.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communications skills.
• Ability to work both independently and as part of a team.
• Exceptional organizational skills, with the abilityto prioritize and execute multipletasks and projects simultaneously.
• Strong work ethic and attention to detail.